Some power series factorize; $1+\sum_{n=1}^\infty x^n=\prod_{n=1}^\infty (1+x^{2^n})$ and $1+\sum_{n=1}^\infty x^{2n}/(2n+1)!=\prod_{x=1}^\infty (1+x^2/n^2\pi^2)$ for example; while others do not----in particular, $1+\sum_{n=1}^\infty x^n/n!$. Specifically the question is: what is known about necessary and sufficient conditions on the coefficients of the power series $1+\sum_{n=1}^\infty a_nx^n$ (assuming a positive radius of convergence) for it to factorize as $\prod_{n=1}^\infty (1+ b_nx+c_nx^2)$, where the coefficients $a_n$, $b_n$, and $c_n$ are real constants?

**Remarks** The Weierstrass factorization theorem doesn't directly answer the question, since here we allow Taylor series of non-entire functions (e.g. the first example above) and exclude non-polynomial factors. The roots of the question are algebraic: loosely stated, under what conditions can the fundamental theorem of algebra be pushed to infinity? A positive radius of convergence is supposed because formal power series with no functional meaning make me uncomfortable, and admitting them might complicate the answer. I previously posted an unanswered version of this question on Math.StackExchange.

**Edit** Thanks to juan and Douglas Zare for showing my error in the preamble of the question by citing the interesting factorization of the exponential series by Gingold et al. As Aaron Meyerowitz indicates, restriction to linear and quadratic factors leads respectively to quite different situations. Alexandre Eremenko answered the linear case. Allowing polynomial factors of unrestricted degree opens a wide vista. The rather simple power series $1$ includes among its polynomial product representations, valid for $|x| \lt r_0$, such forms as
$$\left(1-\dfrac{p(x)}{r} \right) \prod_{n=0}^\infty \left[1+\left(\dfrac{p(x)}{r} \right)^{2^n} \right],$$
where $r_0$ is an arbitrary positive constant, $p(x)$ is an arbitrary polynomial, and $r$ is any real constant strictly exceeding $|p(x)|$ whenever $|x|\leqslant r_0$. Myriad expansions like these may be woven into any polynomial product expansion of any power series. I find this vista daunting and so will stick to the specified quadratic case, which remains unanswered so far.